HULGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28307624
Januarvænget 44, Bramdrupdam 6000 Kolding
anders.hulgaard@hotmail.com
tel: 22254536

Company information

Official name
HULGAARD HOLDING ApS
Established
2004
Domicile
Bramdrupdam
Company form
Private limited company
Industry

About HULGAARD HOLDING ApS

HULGAARD HOLDING ApS (CVR number: 28307624) is a company from KOLDING. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -18.3 % compared to the previous year. The operating profit percentage was at 98.9 % (EBIT: 0.7 mDKK), while net earnings were 708.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HULGAARD HOLDING ApS's liquidity measured by quick ratio was 11.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales63.001 214.001 396.00836.00683.41
Gross profit55.001 205.001 385.00825.00675.71
EBIT55.001 205.001 385.00825.00675.71
Net earnings75.001 255.001 440.00851.00708.69
Shareholders equity total1 560.002 760.004 144.004 937.005 145.82
Balance sheet total (assets)1 602.003 171.004 607.005 186.005 224.54
Net debt- 481.00-26.00-14.00-43.33
Profitability
EBIT-%87.3 %99.3 %99.2 %98.7 %98.9 %
ROA4.8 %52.6 %37.0 %17.9 %14.0 %
ROE4.8 %58.1 %41.7 %18.7 %14.1 %
ROI4.9 %58.1 %41.7 %19.3 %14.4 %
Economic value added (EVA)35.151 162.141 383.57884.10778.08
Solvency
Equity ratio97.4 %87.0 %90.0 %95.2 %98.5 %
Gearing
Relative net indebtedness %-696.8 %33.9 %31.3 %28.1 %5.2 %
Liquidity
Quick ratio34.34.33.96.311.6
Current ratio34.34.33.96.311.6
Cash and cash equivalents481.0026.0014.0043.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2217.5 %112.3 %96.8 %156.6 %122.0 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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